Skip to main content
SearchBack to results

1-3 High Street Parkes NSW 2870

  • Shop & Retail
  • 1 m²
  • Commercial Auction

15 Year Triple Net Lease to ASX Listed G8 Education

  • 15 Year Triple Net Lease to 2030 + Opts
  • ASX Listed Tenant - G8 Education
  • Net Income $129,838 pa + GST

Cushman & Wakefield is pleased to present to the market 1-3 High Street, Parkes for Sale via Auction.

The property has the following key characteristics:

- 15 year triple net lease to 2030 + options to 2045
- G8 Education - Leading ASX listed early education provider across 470+ centres, market cap $1.08 Billion
- Centrally located facility within close proximity of 4 primary schools, Woolworths, Coles, Aldi & McDonalds
- Purpose built centre with 4 activity rooms & multiple outdoor play areas, licensed for 70 places
- Imminent mid-term market review in 2022 providing potential rental uplift
- Lease secured by 6 month Bank Guarantee & 2 year notice period to exercise options
- Triple Net Lease - Tenant pays all outgoings including Management Fees & Structural Repairs & Maintenance
- Parkes - Diverse economy, strong industry anchored by transport, mining, agriculture & National Logistics Hub, epicentre of $14.5 Billion Inland Rail Project
- Minimum 3% annual rent increases
- Net Income $129,838 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Friday 19 March at 10am AEDT at Doltone House Hyde Park, located on level 3/181 Elizabeth Street, Sydney NSW

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.

Auction date and time19/03/2021 10:00
Auction locationDoltone House Hyde Park - 3/181 Elizabeth Street, Sydney

Property Highlights

Property ID2016798087
Floor Area1 m²
Land Area2,023 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  18 Feb 2021
Map for 1-3 High Street Parkes NSW 2870
Map for 1-3 High Street Parkes NSW 28701-3 High Street Parkes NSW 2870

Property Highlights

Property ID2016798087
Floor Area1 m²
Land Area2,023 m²
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  18 Feb 2021
Cushman & Wakefield Sydney
Level 22 1 O'connell Street Sydney NSW 2000

More Properties for Sale from Cushman & Wakefield Sydney

234 Homebush Road Strathfield NSW 2135
Commercial Auction
234 homebush road,strathfield, NSW 2135
1,007 m²
Shop & Retail
23 Lilburne Street Lucas VIC 3350
Commercial Auction
23 lilburne street,lucas, VIC 3350
417 m²
Shop & Retail
202 Warnbro Sound Avenue Warnbro WA 6169
Commercial Auction
202 warnbro sound avenue,warnbro, WA 6169
470 m²
Shop & Retail
Contact Agent